Kapil Chit Funds Complaints & Reviews

I am one of the prompt payer who will pay the EMI before 4th of every month.

One of my chit completed on 28th April 2023: Chit number : FG8T33J-5 .Till date I have not received the payment.
To over come my emergency I lifted a running chit after 34th month. Chit number.KKG02T34J-49
Very pathetic situation is that Neither completed chit nor the lifted chit, nothing is received by me.

I am a national manager in an MNC. If my situation is like this then what about other?
I need quick resolution on this

How much amount did I need to pay for the above two Chits?

I was a guranetter

My brother has lifted the chit He didn't pay only one month payment.They are harassing me.I told them to call my brother they not listening and doing calls from different number.i raised complaint in online Telangana portal and consumer court also.Tell them to stop calling.if not it will be serious.

Hi,

I had Rs2, 00, 000/- chit in Kapil chit fund & was completed on March 2023. Still they haven’t disbursed amount. There is no communication from Kapil chit funds. I had commitments but I l couldn’t make it. I need my money with interest asap. Thanks!

Hi,
I had Rs2, 00, 000/- chit in Kapil chit fund & was completed on March 2023. Still they haven’t disbursed amount. There is no communication from Kapil chit funds. I had commitments but I l couldn’t make it. I need my money with interest asap. Thanks!...

Auction nig ingormed by agent or by Company, even i am customer for Fouf years

I am mrudula jangam. I am having one chit in KAPIL CHITS. That chit awarded 3 months back to me. Still not received any amount. When i am calling to Branch they are not giving proper reply. Please do need full action.

My group and ticket is KKRT39J-48, Karimnagar CAO branch. I bid wrongly posted as 1, 60, 000. Please cancel it. I don't want participate action in this month

In pertainment to above mentioned issue, consumer, siripuram krishna murthy, has paid amount of Rs. 20, 700/- to kapil chits, with receipt no RCQ637/23, Dated 06.07.2023.

Follwing which kapil chits authorities have not performed any auction on the promised dates in the month of July for the above chit of 6 lakhs. leraning about the issue I have approached the head office of kapil chits at himayath nagar in the first week of August 2023 and wished to withdraw from the above chit as the online auction has not been conducted for above chit, the officials has agreed to credit the amount in my bank account for which i have submitted all the necessary documents.

Officials have not declared any proper deadline and havenot shown any proper protocols for reimbursement. and agreed to do the same in 5 working days, now that with the completion of 15 days in total approx No further developments took place.

When contacted over phone, the executive has no idea about the guidelines, protocols and policies of the company itself and gave a vague answer of few more days more / connot be answered accurately.

Requested to look into verasity of the issue.

Hello,

I have completed the whole term of my chit with kapil chits in the month of May.

Its been more than 3 months that the chit hasn't settled so far, its a worst chit group I ever experienced.

I advise people to stay away from this group and invest in any other chit group.

Chit Number: FJJT09P-2
Branch: Jagtial

Hi,

I have 5lacs chit with Kapil Chit funds hanumakonda, Warangal, Telengana branch. 33/50 months of chit are completed, and I have prized the chit in May-2023.
All verification is completed in June, but the money is not disbursed yet.
The chit agent is not responding nor giving the manager number to talk
As per last conversation with the agent, the manager is not releasing the chit amount.
I request you to take action against this.

Chit number: KKH01T42J

Amount debit from my account but not received by kapil chits please help on this

గౌరవ నీయులైన kapil chit fund Ed రాజ్ కుమార్ గారికి అనేక నమస్కారం ల తో చేయు విజ్ఞప్తి...
నా పేరు alishaala sammaiah అంటారు.. నోరు కట్టుకొని పైసా పైసా కూడబెట్టుకుని మీ కపిల్ chit fund hanamkonda branch 2లో 10lacks chit వేసి మూడు మాసాలు కింద లిఫ్ట్ చేశాను.. కొత్త chit లో జాయిన్ నేను కాక పోవడం చేత నన్ను వేదిస్తు నాకు రావలసిన అమౌంట్ చెల్లించకుండా కక్ష కట్టారు మీ ఉద్యోగులు. నాకు చాలా ముఖ్య మైన అవసరం ఉందని ed సత్య నారాయణ sir ని మరియు ప్రసిడెంట్ office లో ఒక sir నీ కలిశాను చాలా రోజుల కింద వాళ్ళు జూన్ 30లోపు ఇప్పిస్తామని ప్రమాణం చేశారు (హామీ) ఇప్పటి వరకు నాకు రావలసిన అమౌంట్ చెల్లించకుండా కక్ష సాధింపు చర్యలకు ఉపక్రమించారు. మీ ఉద్యోగులు in టైం లో చెల్లించినందకు మీ సంస్థ తీవ్ర జాప్యం చేస్తోంది.. మా బాబు కు కౌన్సిల్ g ఉందని మోత్తు కున్నా ఎవరూ పట్టించు కోవడం లేదు..24p ticket nomber 37 hanamkonda 2branch .. నాకు రావలసిన సొమ్ము 809000rs మీ సంస్థ లో గత 20సంత్సరకాలంగా chits వేస్తున్న నా అవసరానికి ఎప్పుడూ ఆడుకొడం లేదు. ఈ సారి మళ్ళీ నేను chit లో జాయిన్ కాలేదని మీ ఉద్యోగులు ఎలా ప్రవర్తిస్తూ న్నరో చూదండ్డి . మీరైనా సత్వరం న్యాయం చేసి నన్ను ఆదుకొన గలరు.
ఇట్లు
భవ దీయుడు
Alishala sammaiah
Tiket nomber 37
24p .hanam konda 2
రావలసి న అమౌంట్ 890000

I am D.Venkateswarlu. I am one of the chit members of your company .My chit number is KTY01T03P-2(KTY01T03P-3)
I have raised a chit of 1000000 on 28th February 2023. It's been 5 months but I have not received any chit amount. There is no proper response from Agent, RM, BM. I have been suffering mentally regarding this. I would like you to take an immediate action on this as soon as possible and respond immediately

With chit no:KTS03L03J-23 I started my chit of forty months. in the 36th month auction, I got the above chit on January, 23. After a lapse of four months i.e., in the month of May 23, they paid only Rs.2, 06, 700/- (part payment of Rs.5 lakh chit). is it in practice? As per my knowledge, the bid amount has to be paid in full at a stretch. As per SI of our locality, it is the manipulation of funds. So I decided to approach the court for this part payment if not settled in time.

Be cautious of Vinod and Srikanth Reddy, the employees of Kapil Chit Fund's Ibrahimpatnam branch, as they engage in fraudulent activities. They lure individuals by falsely claiming to provide a sum of 50 thousand rupees if they participate in a 50 lakh rupee chit. However, they fail to honor their commitment and do not fulfill their promise of payment. It is important to exercise vigilance when dealing with these individuals. We are prepared to provide all the necessary evidence to support our claim.

I tried to withdraw some of my money, but it was useless. After filing complaints with no response, which made me check for (w w w .Glowbancircuit . tech ) and i was able to watch several testimonies and reviews which led me to the retrieval of my funds back. Beware of where you invest your funds.

Dear Sir/Madam,

This is Katipaga Umarani. I have two fixed deposits in kapil chit funds pvt ltd. at blanagar branch, Hyderabad, Telangana. The maturity date is 11th May 2023, but the amount is still not yet returned.

Request you to resolve my issue as soon as possible.

Katipaga Umarani

I was one of the last guarantors for a Chit (FKBL05J-21) of my friends family memeber in the year 2013. However after some time they have not paid the money, so they started the procedure of extracting the money from the 5 guarantors.

They came with a court order stating that the amount will be deducted from salary (being a Govt employee) or I need to pay and settle with the legal team. Since I dint want to get the remark., I went ahead and managed to gather funds to a tune of around 50, 000/- ( it was very tough for me in 2013) at the time and settled the matter with the legal team by paying an amount of Rs.50, 000/- as per their advise as final settlement for my share and gave a receipt and acknowledgement for my letter. They informed that iam a received from my case and further no other obligation will be there. After almost 8 years one of the Kapil chits employee comes to my office and repeats the same story that some amount is pending for the chit and I have to pay it.

When I approached them (kapil chits team) they simply say get this settled in court as i didnt get the NOC from them. When i asked they have to issue it. They simply said that we can't help. This is what happens in chits.

Just imagine such a bogus chit fund team extracting money from the customers by hook or crook.

This is the state of these so called cheat funds as they rightly say.

Iam running round the court rooms for the past 1 year. Pls help

For the past weeks, I have been trying to withdraw my money but it kept writing errors, I advise everyone not to put their money on this site and if you have your money stalked with you can as well reach out. If not for ( w w w. Glowban circuit .Tech ) i checked .. They were the ones who assisted me to get my funds back.